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Technology Stocks : Compaq

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To: g_m10 who wrote (8690)11/11/1997 2:46:00 PM
From: Howard Wong  Read Replies (3) of 97611
 
Glad to see your opinion on CPQ. I have been bearish on CPQ for a while now. CPQ looks to me a very typical boom-and-bust pattern, the same pattern that busted MU two years ago. DELLS looks similar.

I agree with you that the next support is $55/$57. But I wouldn't be surprised to see the price sinks more.

For reference, see chart iqc.com

Also the intra-day chart of CPQ also look interesting
iqc.com

Gook luck!

-gh
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